News

TIO comes to Family Dollar stores

April 27, 2009

BURNABY, British Columbia — TIO Networks Corp. has announced an agreement to offer expedited bill payment and financial services terminals in 10 Family Dollar locations in El Paso, Texas. The kiosks enable cash-preferred customers to make expedited bill payments on their wireless, utility and other accounts. As part of this limited test, customers will also be able to purchase prepaid products and services, transfer money to family and friends around the world, and reload prepaid debit cards.

TIO bill payment is a secure way to access accounts and view balances on select billers without the need for account numbers to be present. Payments are made by feeding cash directly into the TIO terminal's note acceptor. Once the cash is accepted, TIO uses an Internet link to ensure timely posting of the payment. Family Dollar customers can navigate through TIO applications in either English or Spanish and complete financial transactions by either printing or emailing their receipts.

"We are privileged to partner with Family Dollar, to offer expedited bill payment and non-banked financial services," said Hamed Shahbazi, chairman and chief executive of TIO Networks. "Cash-strapped consumers can utilize this service to confidently make last minute payments and avoid late fees."